JPMorgan Says Private Blockchains Are Bitcoin’s Biggest…
JPMorgan analysts say Bitcoin’s biggest long-term risk may not be Strategy’s massive holdings or near-term selling pressure, but the possibility that traditional finance builds its own private blockchains and captures the benefits of the technology without relying on public networks. In a July report, JPMorgan analysts led by Nikolaos Panigirtzoglou said the deeper structural threat
